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GRMN FY 2021 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena
GRMN
Garmin Ltd.
$46B
FY 2021 Earnings
Technology
Hardware, Equipment & Parts
Income Statement
Revenue
$5.0B
+19.0% YoY
Gross Profit
$2.9B
58.0% margin
Operating Income
$1.2B
24.5% margin
Net Income
$1.1B
21.7% margin
EPS (Diluted)
$5.61
Cash Flow
Operating Cash Flow
$1.0B
Free Cash Flow
$703M
Stock-Based Comp.
$93M
Balance Sheet
Total Assets
$7.9B
Total Liabilities
$1.7B
Stockholders' Equity
$6.1B
Cash & Equivalents
$1.5B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$5.0B
$4.2B
+19.0%
Gross Profit
$2.9B
$2.5B
+16.5%
Operating Income
$1.2B
$1.1B
+15.6%
Net Income
$1.1B
$992M
+9.1%
← Q4 2020
All Quarters
Q1 2021 →